by Johan Kriek (jkriek@fxinstructor.com)

EUROZONE inflation estimates and US GDP can cause a shift. Watch out

Below follows your Probabilities for today:

Direction of  Highest Probability: BULLISH

60 minute trend support: 1.4595

Bearish Probability below: 1.4595/90

Significant support: 1.4595

Significant resistance:1.4900

Direction of  Highest Probability: BULLISH

60 minute trend support: 1.5870

Bearish Probability below: 1.5870

Significant support: 1.5870

Significant resistance:1.6280

Direction of  Highest Probability: BULLISH

60 minute trend support: 0.8740

Bearish Probability below: 0.8740

Significant support: 0.8740

Significant resistance:0.9000

Direction of  Highest Probability: BEARISH

60 minute trend resistance: 90.25

Bullish Probability above: 90.25

Significant support: 88.20

Significant resistance:90.25

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This analysis has been based on the Probability Study Technique which is derived from the Dow Theory

Also note that a “trading condition” does not constitute a trading signal, but rather a context to execute your own trading system within.

For more about the Probability Study Technique, please visit forums.fxinstructor.com or register yourself a seat at http://www.fxinstructor.com/eng/courses/probability-reserve.php to learn this technique

Enjoy and good luck!

Johan